Tax Relief on Pension Contributions Explained

Tax Relief on Pension Contributions Explained

Published on 05/02/2022

Do you want to know about the tax relief on pension contributions?  Click through to see how you can maximise tax efficiency by contributing to a pension scheme.

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Tax on Airbnb Income in the UK - How Does it Work?

Tax on Airbnb Income in the UK – How Does it Work?

Published on 29/01/2022

If you’re looking to tap into this market or currently earn an income through Airbnb or a rental property, it’s important that you understand the tax implications.

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Letter from HMRC about Overseas Assets, Income or Gains

Letter from HMRC about Overseas Assets, Income or Gains

Published on 22/01/2022

Have you received a letter from HMRC about overseas assets, income or gains? If yes, read on to find out what you should do next.

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Making Tax Digital (MTD) for VAT Changes from April 2022

Making Tax Digital (MTD) for VAT Changes from April 2022

Published on 15/01/2022

MTD for VAT changes include mandatory requirements for all VAT-registered businesses to file VAT returns digitally through MTD, regardless of turnover.

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Self-assessment Filing Deadline for 2021 has been Extended by a Month (28 February 2022)

Self-assessment Filing Deadline has been Extended by a Month (28 February 2022)

Published on 08/01/2022

HMRC has waived late filing and late payment penalties for self-assessment taxpayers by one month, effectively delaying the Self-assessment filing deadline to 28 February 2022.

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Covid-19 Grant Payments - What Do You Need to Declare on Tax Return?

Covid-19 Grant Payments – What Do You Need to Declare on Tax Return?

Published on 24/12/2021

Covid-19 grant payments must be declared on the 20/21 tax return & HMRC is reminding SA customers about the same during this tax return season.

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Residence Nil Rate Band (RNRB) - How Does it Work?

Residence Nil Rate Band (RNRB) – How Does it Work?

Published on 18/12/2021

Residence Nil Rate Band (RNRB) was introduced in 2017 with the aim of protecting the family home from IHT. Learn all about it!

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2% Digital Tax on UK-based Crypto Exchanges

2% Digital Tax on UK-based Crypto Exchanges Has Been Confirmed

Published on 04/12/2021

Digital Tax on Crypto Exchanges has been confirmed by HMRC in their latest update as cryptocurrencies such as Bitcoin are not commodities or money.

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State Pension increase

State Pension Increase: How Much Will Pensions Rise in 2022

Published on 27/11/2021

In April 2022, the state pension amount will increase by 3.1% for the tax year 2022/23. Click through to learn all the details.

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Staff Christmas Party Tax Rules: Are Christmas Party Expenses Tax Deductible?

Staff Christmas Party Tax Rules: Are Christmas Party Expenses Tax Deductible?

Published on 20/11/2021

As an employer providing staff Christmas party for your employees, you have certain National Insurance & reporting obligations. Read all the details here!

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